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Economic Commentary

Construction and Monetary Policy: A View from the Sidelines

The Federal Reserve’s popularity in the business community is as high as it has been in the 15 years I’ve been in the System, and perhaps as high as ever in our 86-year history. I often hear someone say, “The Fed sure is doing a good job.”

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Pianalto, Sandra. 1999. “Construction and Monetary Policy: A View from the Sidelines.” Federal Reserve Bank of Cleveland, Economic Commentary 2/15/1999.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International